Home ›› 14 Sep 2022 ›› Stock
Genex Infosys Ltd has signed an agreement with Standard Chartered Bank, Bangladesh on delivering world-class banking products and services to a broader customer of the bank.
“The board of directors has approved the agreement with the bank,” said the country’s largest call centre operator in a regulatory filing on Tuesday.
The company is expected to generate about Tk 6 crore in revenue per year due to the agreement, it said.
Under the agreement, the company will work as a strategic partner, assisting the bank with engaging a wider client-base and scaling up its distribution network, efficiently reaching new client segments and thereby delivering world-class banking products and services to a broader customer group.
The company’s profit stood at Tk 32 crore in FY20, and Tk 33 crore in FY21.
Out of its total shares, directors hold 31.88 per cent, institutional investors 22.71 per cent, foreign investors 0.6 per cent and general investors 45.55 per cent.
On Tuesday, Genex Infosys share rose 5.5 per cent to Tk 75.50 on the Dhaka Stock Exchange.
The company made its stock market debut in 2019. Genex Infosys market capitalisation is Tk 811.56 crore, and paid up capital Tk 113.55 crore.
